509 Walnut Crescent, Burlington

$1,039,000
509 Walnut Crescent

$1,039,000

New
29d
DetachedBungalow

509 Walnut Crescent, Burlington

Total Monthly Obligation $5,002

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
29d
Score
16
Yield
3.9%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-W13825564
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-54.41 × 116.98 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,229 (2026)
Parking-3 - None
Basement-Full, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-Rec Room
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Roseland
Title-Residential Freehold

No agent assigned

Some homes are more than brick and mortar; they are a reflection of the lives, love, and memories held within them. Lovingly cared for by its original owners since 1957, this traditional brick bungalow offers the opportunity to own a home with genuine character, warmth, and a story spanning generations. Step through the front door into a welcoming foyer, where the spacious living room awaits to the right. The bay window is the star of the room, overlooking the mature trees, established landscaping, and peaceful surroundings of this sought-after court location. At the heart of the home, the eat-in kitchen offers plenty of counter space and storage, along with a dedicated dining area and sliding door to the deck and garden. Beyond the kitchen lies one of the property's true treasures: a backyard lovingly nurtured over decades. A personal labour of love, it reflects years of planting, gardening, harvesting, and caring for a space that has meant so much to its owner. Down the hall, three bedrooms and a remodelled bathroom with walk-in shower provide comfortable main-floor living. The lower level, accessible from the kitchen or a separate side entrance, extends the home's living space with an extra-large family room featuring a gas fireplace, three-piece bathroom, laundry room, workshop, and additional bedroom. A space that has welcomed family gatherings, holiday celebrations, visiting guests, and quiet evenings over the years, the lower level carries the character and memories of the decades that came before. Outside, the driveway provides parking for three cars, while the expansive backyard offers room to garden, relax, and enjoy the outdoors. Located in a prime, established neighbourhood, this property offers possibilities for a first-time buyer, downsizer, or builder looking to contribute to the ever-changing landscape of the community. A well-loved home with a meaningful history, an exceptional setting, and opportunity for the next chapter.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$831,200
Land Transfer Taxes$17,255
Legal Fees (Est.)
$
Total cash required for closing$226,555

Total Monthly Obligation

$5,002/mo
Mortgage $4,191
Monthly Loss $3,899
Principal$1,103
Interest$3,088
Property Tax$436
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,176/yr
NOI
$26,429/yr
Net Cash Flow
-$1,989/mo
Cash Margin
-59.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 509 Walnut Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.